Relative median income ratio in Montenegro
Montenegro: Relative median income ratio was 0.99 in 2024. ▼ Falling
Relative median income ratio in Montenegro, 2013–2024
Source: Eurostat.
Analysis
In 2024, relative median income ratio in Montenegro stood at 0.99. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 7.5% on the previous year and down 14.7% over ten years.
Over the whole period, relative median income ratio in Montenegro peaked at 1.19 in 2013 and was at its lowest, 0.99, in 2024.
That places Montenegro 5th out of 37 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Relative median income ratio in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 1.19 | — |
| 2014 | 1.16 | -2.5% |
| 2015 | 1.15 | -0.9% |
| 2016 | 1.12 | -2.6% |
| 2017 | 1.08 | -3.6% |
| 2018 | 1.15 | +6.5% |
| 2019 | 1.18 | +2.6% |
| 2020 | 1.16 | -1.7% |
| 2021 | 1.11 | -4.3% |
| 2022 | 1.11 | +0.0% |
| 2023 | 1.07 | -3.6% |
| 2024 | 0.99 | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.15 | 1.08 | 1.19 | 7 |
| 2020s | 1.09 | 0.99 | 1.16 | 5 |
Countries ranked near Montenegro
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.78 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,557 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.94 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.6903 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,228 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9183 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4799 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is relative median income ratio in Montenegro?
- Relative median income ratio in Montenegro was 0.99 in 2024, according to Eurostat.
- What is the highest relative median income ratio recorded in Montenegro?
- The highest recorded value was 1.19 in 2013.
- What is the lowest relative median income ratio recorded in Montenegro?
- The lowest recorded value was 0.99 in 2024.
- How does Montenegro rank for relative median income ratio?
- Montenegro ranks 5th out of 37 countries with data for 2024.
- Is relative median income ratio rising or falling in Montenegro?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Eurostat, published as part of Relative median income ratio (60+). Statizoid updates them automatically from the source API.
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